Collings Lakes, NJ is an attractive area for potential homebuyers because of its median housing value of $172,900 and the high appreciation rate of 15.62% over the past year. This compares very favorably to the US median housing value of $338,100 and national appreciation rate of 8.27%. Homeowners in Collings Lakes can expect a good return on their investment with greater appreciation than the national average.
The median home cost in Collings Lakes is $172,900. Home appreciation the last 10 years has been 69.6%. Home Appreciation in Collings Lakes is up 18.1%.
Average Age of Homes
- The median age of Collings Lakes real estate is 51 years old
The Rental Market in Collings Lakes
- Renters make up 3.2% of the Collings Lakes population
- 6.0% of houses and apartments in Collings Lakes, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.